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Author Topic: Just found this gem which can change the protocols in crypto  (Read 66 times)
takeshixx (OP)
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September 11, 2020, 01:13:54 PM
 #1

defifirefly.io

This is not an investment advice. Do your own research. Here is mine:


I have 2 principles while researching:

Is team known?
Is there a product working?

If it doesn't have one, it should have the other.

Yes, they have working product which will be used for staking.

Team is not known but I had a zoom call with the CEO to get information and I'm sure that they're professional.


The project will/has :


Venture Capital project.


- 16 September Public sale


- 900k total supply, 900k circ supply not to make things hard for investors.

- 300k will be sold at fixed price during public sale on Bounce.finance


- They commit that they'll give ethereums who stake their tokens.

-Portfolio range from Binance to Uniswap


That look pretty good project to me, as I've said, do your own research.
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September 11, 2020, 01:54:18 PM
 #2

defifirefly.io
- 16 September Public sale
- 900k total supply, 900k circ supply not to make things hard for investors.
- 300k will be sold at fixed price during public sale on Bounce.finance
- They commit that they'll give ethereums who stake their tokens.

Have you read their whitepaper?
https://defifirefly.io/static/media/dff_wp.12667cec.pdf

Their whitepaper's page 8 and 10 are redundant. It is also too short for a real project and even their website's text can also be seen in their whitepaper. Projects that are legitimate and promising always have time to construct paragraphs and explanations that would differ on Web-contexts and whitepaper (mostly whitepaper contains further and longer explanations and websites only shows summarized form of the main idea).

Also, there's no such thing that "they commit, we trust" in any projects. Many have learned with the past ERC20 ICOs and Projects scams back then.

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takeshixx (OP)
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September 11, 2020, 02:13:14 PM
 #3

defifirefly.io
- 16 September Public sale
- 900k total supply, 900k circ supply not to make things hard for investors.
- 300k will be sold at fixed price during public sale on Bounce.finance
- They commit that they'll give ethereums who stake their tokens.

Have you read their whitepaper?
https://defifirefly.io/static/media/dff_wp.12667cec.pdf

Their whitepaper's page 8 and 10 are redundant. It is also too short for a real project and even their website's text can also be seen in their whitepaper. Projects that are legitimate and promising always have time to construct paragraphs and explanations that would differ on Web-contexts and whitepaper (mostly whitepaper contains further and longer explanations and websites only shows summarized form of the main idea).

Also, there's no such thing that "they commit, we trust" in any projects. Many have learned with the past ERC20 ICOs and Projects scams back then.



You're right about in some way, but it doesn't mean that project's good when they have complicated whitepaper or roadmap. The system is basic, like $sushi, $zzz..

Did you see the website of zzz? It hit 1250$ and now it's 300$ or so.. was 10$ in the beginning.

Yes the commitments are not there for us to make us buy all-in, but we can give a chance if we believe the mathematics.

I do not want to be seen like shilling or defending a project like it's mine, so I just repeat that "dyor".
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September 11, 2020, 04:44:31 PM
 #4

Did you see the website of zzz? It hit 1250$ and now it's 300$ or so.. was 10$ in the beginning.
If anything, I think that shows how naive crypto investors are in general. There are many scams like that, Bitconnect, hotdog, yam etc etc. The rise in price does not necessarily mean the price is legit. Especially if you're facing with some anonymous, recently made, hype-driven project.

Of course no one is going to stop you from gambling it.

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takeshixx (OP)
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September 11, 2020, 05:07:21 PM
 #5

Did you see the website of zzz? It hit 1250$ and now it's 300$ or so.. was 10$ in the beginning.
If anything, I think that shows how naive crypto investors are in general. There are many scams like that, Bitconnect, hotdog, yam etc etc. The rise in price does not necessarily mean the price is legit. Especially if you're facing with some anonymous, recently made, hype-driven project.

Of course no one is going to stop you from gambling it.


Defi is a wind. Buy and sell when it flows. Don't be in love, don't hodl it. Or you can just stake lol
Upgrade00
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September 11, 2020, 05:41:15 PM
 #6

This is unusual for a first post by a newbie, few hours after registering.
Defi is a wind. Buy and sell when it flows. Don't be in love, don't hodl it. Or you can just stake lol
Risk is an inherent part of investments, but if you are going to put your money into any project you should at the very least, trust the fundamentals of it; going with the flow in a market which is thriving on hype with lots of scams would very likely result in loses overtime, except one has a crystal ball.
Staking is much worse.

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September 11, 2020, 08:05:55 PM
 #7

Even if you have talked with the CEO, doesn't mean that they're already a good project. But those criteria you have made are quite good depending on the taste of the investor.

There is a possibility that you're just giving entry to the project and an idea that it's a good project or you could be working from them. DYOR is very much needed for projects that are unknown and new.

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September 16, 2020, 12:22:22 PM
 #8

where is the evidence that you are talking to the ceo or the person at the other end of the call is actually who he claim to be! (or perhaps you are one of them trying to shill this scam to members) has it even occur to you that most of this recent upcoming defi project always have anonymous team? why is that, what exactly are they hiding or what is so important in the project that will make them to be anonymous if they are truthful and not scammers, they should reveal their identity, cz is known to the world and he operates one of the top exchange in crypto history Undecided

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